From Visibility Gaps to Proactive Vulnerability Management

Scotiabank, headquartered in Toronto, is one of Canada’s Big Five banks and a leading financial services provider across the Americas. Known as “the international bank,” Scotiabank offers diverse financial services and digital banking solutions to millions of customers worldwide.

Company Overview

Project Highlights

The Challenge

An internal audit uncovered a major issue: Risks that Scotiabank’s security toolsets identified weren’t being remediated consistently and in a timely manner. Security teams could detect vulnerabilities but struggled to track unresolved ones, creating dangerous visibility gaps.

Manual tracking and follow-up processes burdened limited security resources, causing delays and creating potential compliance risks. With fragmented workflows and increasing operational strain, Scotiabank needed a scalable, automated solution to improve remediation efforts and strengthen its overall risk posture.

NewRocket Solution

A Phased, Governance-Led Approach to Risk Response

Scotiabank partnered with NewRocket to implement a scalable, automated solution using ServiceNow SecOps Vulnerability Response and Configuration Compliance modules. The goal was to provide clear visibility, improve efficiency, and align with Scotiabank’s risk strategy.

01 | Executive Steering and Governance Alignment

NewRocket worked closely with VP- and director-level stakeholders to establish an Executive Steering Committee, ensuring strong governance, clear priorities, and strategic alignment throughout the engagement.

02 | Phased Rollout for Early Wins and Long-Term Success

The implementation followed a three-phase rollout, starting with early adoption and baseline establishment to build momentum and prepare for broader scaling.

03 | Dedicated Post-Go-Live Support

To ensure sustained success, NewRocket provided three months of post-production support, optimizing the solution and driving internal adoption across Scotiabank’s teams.

Results

Through its partnership with NewRocket, Scotiabank has significantly strengthened its security operations and is experiencing outcomes like:

  • Higher confidence in risk scoring and prioritization, allowing teams to focus on the most critical threats first
  • Improved visibility into unresolved risks, with CMDB integration delivering accurate, real-time vulnerability tracking
  • Fewer manual remediation tasks, with automated workflows that drive discovery, prioritization, assignment, and resolution of vulnerabilities

“We were totally impressed with NewRocket’s depth and knowledge of ServiceNow SecOps VR, but also the amount of care and effort they applied from an account management perspective to ensure this implementation was successful.”

Chief Project Stakeholder, Scotiabank

Company Overview

Industry
Financial Services
Location
Canada
Employees
Offering
SecOps Vulnerability Response
Configuration Compliance
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